Chinese AI startup Shengshu launches image-to-video tool, rivaling Sora

Pictured here is an AI-generated clip from Vidu’s website. The tool can create videos from text or image prompts. Evelyn Cheng | CNBC BEIJING — Beijing-based Shengshu Technology on Wednesday said that its artificial intelligence-powered text-to-video tool Vidu will now be able to generate videos by combining multiple images. Vidu already allows users worldwide to create 8-second clips based on written prompts. While OpenAI — the maker of ChatGPT —

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Disney (DIS) earnings Q4 2024

A statue of Walt Disney and Mickey Mouse stands in a garden in front of Cinderella’s Castle at the Magic Kingdom Park at Walt Disney World on May 31, 2024, in Orlando, Florida. Gary Hershorn | Corbis News | Getty Images Disney will report its fiscal fourth-quarter earnings before the bell on Thursday, and Wall Street will be paying close attention to the state of its streaming and theme parks

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Dollar holds firm at one-year high on Trump trade momentum By Reuters

By Kevin Buckland TOKYO (Reuters) -The U.S. dollar stood at a one-year high against major peers on Thursday and headed for a fifth straight daily gain fuelled by higher yields and Donald Trump’s election victory. The greenback climbed above 156 yen for the first time since July. The euro slumped to its weakest since Nov. 2023 at $1.0546 and sterling hit its lowest on the dollar in three months at

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Analyst Outlines Massive Price Targets for Dogecoin, Predicts Parabolic Rally for Ethereum-Based Altcoin

A closely followed crypto strategist believes that top memecoin Dogecoin (DOGE) is poised to spark massive rallies, en route to astronomical fresh all-time high levels. Analyst Ali Martinez tells his 80,000 followers on the social media platform X that DOGE appears to be trading in a large ascending channel on the weekly chart. An ascending channel is typically seen as a bullish structure as it suggests that an asset is

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AI Regulation, Global Governance and Challenges

HodlX Guest Post  Submit Your Post   The spontaneous pace of innovative growth in AI technologies over the past few years has continued to provoke a spectrum of reactions, ranging from curiosity and enthusiasm to concern and outright fear. One thing, however, is fairly certain – there is an ongoing global race for AI dominance. On the one hand, this is fueled by the comparative drop in computing costs, and on

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BTC Hits $93K, WIF Rally, PNUT Up 133%

Cryptocurrency prices today continue to spark significant discussions among market traders and investors globally. While Bitcoin (BTC) price hit a new ATH over the past day, top altcoins mainly illustrated gaining trajectories. Besides, the newly listed meme coin Peanut the Squirrel (PNUT) emerged as the day’s top gainer, alongside dogwifhat (WIF) rally. As a result, the global crypto market cap jumped 3% to $2.98 trillion over the last day. However,

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